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Accounting

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pute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schedule Nork-in-Process Inventory. 1/1 1612 Direct Materials Raw Materials Inventory. 1/1 23680 Materials Purchased 153280 Materials Available for Use 176960 Less Raw Materials inventory. 12/31 31650 Direct Materials Used 1410 Direct Labor 221550 Manufacturing Overhead Tot Manufacturing Costs 551410 Toul Cost of Work in Process o ry Less Wort Process inventory. 12/31 n Arrompts: 1017 used The following information is available for Aikman Company. 2020 dings January 1, 2020 $23,680 16,120 29.410 December 31, 2020 $31,650 18,470 21.410 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue "ces $153,280 221,550 184.550 903,450 Campus nation Prepare an income statement through gross profit. AIKMAN COMPANY Income Statement (Partial) Show the presentation of the ending inventories on the December 31, 2017, balance sheet. AIKMAN COMPANY (Partial) Balance Sheet

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